Together with Baader Bank, 24/7 crypto trading is realized for the neobroker finanzen.net zero. Wyden provides its digital asset order and execution management platform. Further connections for neobrokers and other institutional clients expected via cooperation partner Baader Bank.
Zürich (CH) – Wyden, a leading provider of institutional trading technology for digital assets, has won its first banking client in Germany, Baader Bank AG. In an operational partnership, Wyden and Baader Bank serve German neobroker finanzen.net zero.
24/7 crypto trading for neobrokers
Through the joint setup, retail customers of finanzen.net zero now have the opportunity to trade with currently 24 of the largest and best-known cryptocurrencies around the clock. These include Bitcoin, Ether, Uniswap, Polygon and Polkadot. Wyden provides its cloud-based digital asset order and execution management platform for this purpose, while Baader Bank acts as financial commission agent. Together, secure trading is thus made possible for finanzen.net zero customers via a German credit institution.
The open architecture and multi-client capability of the Wyden platform, together with Baader Bank’s banking expertise, allow additional partners from the brokerage and neobrokerage sectors as well as the institutional sector to be connected.
Wyden has become an established technology partner for banks
Baader Bank is now the eleventh bank to implement crypto trading together with Wyden. Andy Flury, CEO of Wyden, said: “The partnership between Wyden and the renowned Baader Bank is a strong and very important signal to the entire financial industry. It demonstrates our continued progress in the DACH region and is also recognition of our expertise as a leading technology partner for banks.”
Oliver Riedel, Member of the Executive Board of Baader Bank AG and responsible for brokerage services, added: “We are pleased to support finanzen.net zero in scaling their business and enabling further growth opportunities. Our partnership with Wyden shows that we are ready to meet the needs of brokers and neo-brokers in the forward-looking crypto trading space.”
Wyden is the global leader in institutional digital asset trading technology. By covering the entire trade lifecycle and supporting seamless custody, core banking and portfolio management system integration as well as full trade lifecycle automation, the Wyden platform streamlines digital assets trading. Engineered by a team of trading system veterans and crypto asset experts, Wyden offers best-in-class integrated infrastructure solutions that meet the highest institutional needs. Wyden has offices in Zurich, New York and Singapore.
To learn more visit www.wyden.io.
About Baader Bank AG
Baader Bank is the bank for the capital market. It allows its clients to access international capital markets and to invest in financial products in an effective, efficient and secure manner. The bank uses the latest innovations in the banking industry for products, processes and technology to generate added value for its clients. As a family-run, full-service bank with its head office in Unterschleissheim, near Munich, it employs around 400 staff and operates in the business lines of Market Making, Capital Markets, Multi Asset Brokerage, Asset Management Services, Banking Services and Research.